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Jumblat Returns from Libya with $25 Million Oil Deal

Progressive Socialist Party leader Walid Jumblat has struck a 25-million-dollar oil deal with the leaders of Libya's new ruling National Transitional Council (NTC), Ad-Diyar daily reported Wednesday.

The newspaper said the first phase of the deal involves the immediate payment of 7 million dollars.

Jumblat visited Libya earlier in the month, where he held talks with Mustafa Abdul Jalil, head of the NTC, his deputy Abdul Hafiz Ghogha and a number of NTC members.

Jumblat was accompanied by Social Affairs Minister Wael Abu Faour, PSP deputy chief for foreign affairs Dureid Yaghi and PSP official Bahij Abu Hamzeh.

A statement issued by PSP’s media department said Jumblat congratulated the rebels for their triumph on decades of darkness and dictatorship under Moammar Gadhafi’s rule.


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